Nike Inc. (NYSE:NKE) will release its fourth-quarter earnings report after the closing bell on Tuesday, June 30.
Analysts expect the company to report quarterly earnings of 12 cents per share. That’s down from 14 cents per share in the year-ago period. The consensus estimate for Nike’s quarterly revenue is $10.85 billion. It reported $11.1 billion last year, according to Benzinga Pro.
According to recent news, Nike appointed David M. Denton as CFO on Tuesday, succeeding Matthew Friend.
With the recent buzz around Nike, some investors may be eyeing potential gains from the company’s dividends. As of now, the apparel company has an annual dividend yield of 3.92%, with a quarterly dividend of 41 cents per share ($1.64 per year).
To figure out how to earn $500 monthly from Nike, we start with the yearly target of $6,000 ($500 x 12 months).
